26 Aug 20 @ 12:26
If you mentioned that Amazon was trying to take a foothold in the financial services and payments market, not many would be surprised. But what if you explained how deep... read more
26 Aug 20 @ 11:49
JP Morgan Chase has been reported to be preparing to launch a digital bank in the UK in Q1 2020. The rumours suggest that JP has signed up suppliers to... read more
25 Aug 20 @ 14:48
TrueLayer says it has recorded a massive increase in consumers using Open Banking Payment Initiation (PI) to pay for goods and services during the lockdown. PI is a new form... read more
25 Aug 20 @ 13:22
The blockchain industry is excited, very excited about a new (relatively) buzz word – decentralised finance or DeFi as it is rapidly becoming know as. The industry is on the... read more
25 Aug 20 @ 11:36
New research released by Finbold reveals which countries in Europe violate GDPR guidelines the most, as well as the total combined GDPR fines of EU countries to date. Its been... read more
24 Aug 20 @ 14:32
Payments cards & Mobile speaks to Li Yan, Founder and CEO of Wiseasy, to get his views on the future of mobile wallets and digital banking. Mobile wallets are on... read more
24 Aug 20 @ 11:47
While many mature ATM markets are seeing a slowdown, developing markets are set to witness rapid expansion over the next five years, with ATMs supporting cash-reliant newly banked populations. As... read more
20 Aug 20 @ 13:03
The contactless payment market size exceeded $40 billion in 2019 and is estimated to grow at 15% CAGR from 2020 to 2026. The global industry shipments are projected to reach... read more
18 Aug 20 @ 13:38
American Express says it has entered into an agreement to acquire substantially all of Kabbage, a financial technology company providing cash flow management solutions to small businesses in the US.... read more
18 Aug 20 @ 10:59
The European Commission announced it will approve, under the EU Merger Regulation, the proposed acquisition of Nets’ account-to-account payment business by Mastercard. The decision is conditional on the transfer of... read more
17 Aug 20 @ 10:37
Facebook has revealed that it has set up a new business unit to address payments and commerce opportunities. David Marcus, a former PayPal President and co-creator of the Libra cryptocurrency... read more
14 Aug 20 @ 11:18
Cards only carrying domestic payment card schemes branding accounted for 12% of all payment cards worldwide in 2018. This sector has strong growth potential, with products tailored to local market requirements.... read more
14 Aug 20 @ 10:27
Data released by the payments industry self-regulatory body Australian Payments Network (AusPayNet) revealed a 19.5% decline in card fraud in 2019, the biggest decline since fraud data was first published.... read more
13 Aug 20 @ 13:14
Ripple has created one of the most valuable cryptocurrencies. Its digital tokens, known as XRP, have a total value of almost $30 billion, behind only bitcoin and Ether. But, eight... read more
13 Aug 20 @ 10:19
Revolut losses tripled in 2019 as the FinTech blamed rising staff costs more than offset revenue growth, however it argues that it is on track to break even this year... read more
11 Aug 20 @ 15:44
Digital-only banks, or neobanks, have been a major focus for investors, and are gathering new customers by the boatload. But are they really banking’s future – or just a sophisticated... read more
11 Aug 20 @ 09:27
COVID has accelerated changes in payments such that we’re already in a different landscape – and companies urgently need to make sure they’re ready. Amidst the tragedies and challenges we’ve... read more
10 Aug 20 @ 14:31
Research from Deloitte has warned credit card issuers they need to do more to encourage credit card use if credit products are to have a long term future, especially with... read more
10 Aug 20 @ 14:08
PayPal has announced that a surge in e-commerce transactions and new accounts has driven quarterly profits 86% higher. The company announced it will continue to support additional investments in mobile-payment... read more
10 Aug 20 @ 10:14
Duff & Phelps has launched its seventh annual Global Enforcement Review. The report found that H1 2020 has seen an uptick in AML fine values globally totalling $706 million compared... read more
20 Oct 26 @ 09:06
Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more
15 Oct 26 @ 19:41
Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more
22 Oct 26 @ 18:16
The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more